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Rural and Regional Adjustment Regulation 2011
sch.1-sec.18Eligibility criteria
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### sch.1-sec.18 Eligibility criteria
To be eligible to receive assistance under the sustainability program, the applicant must—
demonstrate to the satisfaction of the authority—
that the assistance is for a primary production enterprise carried on by a sole trader, partnership, proprietary company or trust; and
that an interested person for the primary production enterprise is a primary producer; and
the primary production enterprise has been carried on for at least 2 years; and
sound prospects for commercial viability, and the ability to service the loan, in the long term; and
that the amount of the primary production enterprise’s non-enterprise or liquid assets is not more than the amount needed for prudent risk management; and
if the assistance is sought to rationalise a partnership—that the proposal for the rationalisation is not merely a refinance arrangement; and
if the assistance is sought to upgrade, buy or replace plant or machinery—the plant or machinery will be used predominantly for the enterprise; and
demonstrate a financial need for the assistance; and
give the authority a management plan that outlines the intended outcomes associated with the activity for which the applicant is applying for assistance; and
if the assistance is sought for on-farm activities for which a licence, permit, approval or other authorisation under an Act is required before the activity can be conducted—give the authority a copy of the authorisation.
In this section—
interested person , for a primary production enterprise, means—
if the enterprise is carried on by a sole trader—the sole trader; or
if the enterprise is carried on by a partnership, proprietary company or trust—a partner in the partnership, a shareholder in the company or a beneficiary of the trust.
sch 1 s 18 amd 2016 SL No. 183 s 12
(sch.1-sec.18-ssec.1) To be eligible to receive assistance under the sustainability program, the applicant must— demonstrate to the satisfaction of the authority— that the assistance is for a primary production enterprise carried on by a sole trader, partnership, proprietary company or trust; and that an interested person for the primary production enterprise is a primary producer; and the primary production enterprise has been carried on for at least 2 years; and sound prospects for commercial viability, and the ability to service the loan, in the long term; and that the amount of the primary production enterprise’s non-enterprise or liquid assets is not more than the amount needed for prudent risk management; and if the assistance is sought to rationalise a partnership—that the proposal for the rationalisation is not merely a refinance arrangement; and if the assistance is sought to upgrade, buy or replace plant or machinery—the plant or machinery will be used predominantly for the enterprise; and demonstrate a financial need for the assistance; and give the authority a management plan that outlines the intended outcomes associated with the activity for which the applicant is applying for assistance; and if the assistance is sought for on-farm activities for which a licence, permit, approval or other authorisation under an Act is required before the activity can be conducted—give the authority a copy of the authorisation.
(sch.1-sec.18-ssec.2) In this section— interested person , for a primary production enterprise, means— if the enterprise is carried on by a sole trader—the sole trader; or if the enterprise is carried on by a partnership, proprietary company or trust—a partner in the partnership, a shareholder in the company or a beneficiary of the trust. sch 1 s 18 amd 2016 SL No. 183 s 12
- (a) demonstrate to the satisfaction of the authority— (i) that the assistance is for a primary production enterprise carried on by a sole trader, partnership, proprietary company or trust; and (ii) that an interested person for the primary production enterprise is a primary producer; and (iii) the primary production enterprise has been carried on for at least 2 years; and (iv) sound prospects for commercial viability, and the ability to service the loan, in the long term; and (v) that the amount of the primary production enterprise’s non-enterprise or liquid assets is not more than the amount needed for prudent risk management; and (vi) if the assistance is sought to rationalise a partnership—that the proposal for the rationalisation is not merely a refinance arrangement; and (vii) if the assistance is sought to upgrade, buy or replace plant or machinery—the plant or machinery will be used predominantly for the enterprise; and
- (i) that the assistance is for a primary production enterprise carried on by a sole trader, partnership, proprietary company or trust; and
- (ii) that an interested person for the primary production enterprise is a primary producer; and
- (iii) the primary production enterprise has been carried on for at least 2 years; and
- (iv) sound prospects for commercial viability, and the ability to service the loan, in the long term; and
- (v) that the amount of the primary production enterprise’s non-enterprise or liquid assets is not more than the amount needed for prudent risk management; and
- (vi) if the assistance is sought to rationalise a partnership—that the proposal for the rationalisation is not merely a refinance arrangement; and
- (vii) if the assistance is sought to upgrade, buy or replace plant or machinery—the plant or machinery will be used predominantly for the enterprise; and
- (b) demonstrate a financial need for the assistance; and
- (c) give the authority a management plan that outlines the intended outcomes associated with the activity for which the applicant is applying for assistance; and
- (d) if the assistance is sought for on-farm activities for which a licence, permit, approval or other authorisation under an Act is required before the activity can be conducted—give the authority a copy of the authorisation.
- (i) that the assistance is for a primary production enterprise carried on by a sole trader, partnership, proprietary company or trust; and
- (ii) that an interested person for the primary production enterprise is a primary producer; and
- (iii) the primary production enterprise has been carried on for at least 2 years; and
- (iv) sound prospects for commercial viability, and the ability to service the loan, in the long term; and
- (v) that the amount of the primary production enterprise’s non-enterprise or liquid assets is not more than the amount needed for prudent risk management; and
- (vi) if the assistance is sought to rationalise a partnership—that the proposal for the rationalisation is not merely a refinance arrangement; and
- (vii) if the assistance is sought to upgrade, buy or replace plant or machinery—the plant or machinery will be used predominantly for the enterprise; and
- (a) if the enterprise is carried on by a sole trader—the sole trader; or
- (b) if the enterprise is carried on by a partnership, proprietary company or trust—a partner in the partnership, a shareholder in the company or a beneficiary of the trust.